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Representative Radosta (D-WA)


1st Session
H.R. 1348

To incite China to reform their trade policies

IN THE HOUSE OF REPRESENTATIVES
February 21, 2008

Sponsored by Ms. RADOSTA and Ms. ASHMAN (for themselves) Representing Louise S McGehee School
Cosponsored by Ms. FRITCHIE, Ms. WESTON, Ms. ZEMANEK, Ms. KOCK, Ms. SOOMRO, Ms. O’QUINN, Ms. CONRAD, Ms. SMITH, Ms. MCHENRY, Ms. HUBBARD, Ms. ROBERT


A BILL

To incite China to reform their trade policies

  1. Be it enacted by the Members of the YLI Congress
  2. Of the United States of American in Congress assembled.
  3. SECTION 1. TITLE
  4. This Act may be cited as the ‘Protect American Trade Bill of 2008.’
  5. SECTION 2. SPONSORS/COSPONSORS
  6. Rep. Ashman (R-AK)—S
  7. Rep. Radosta (D-WA)—S
  8. Rep. Fritchie (R-CA)—CoS
  9. Rep. Weston (R-NJ)—CoS
  10. Rep. Zemenak (D-CA)—CoS
  11. Rep. Kock (D-NM)—CoS
  12. Rep. Soomro (D-NY)—CoS
  13. Rep. O’Quinn (D-VA)—CoS
  14. Sen. Conrad (D-OR)—CoS
  15. Rep. Smith (R-MO)—CoS
  16. Rep. McHenry (R-MO)—CoS
  17. Rep. Hubbard (D-MA)—CoS
  18. SECTION 3: PURPOSE
  19. (1) To reinforce trade restrictions with China in order to instigate a reform of their government regulations.
  20. SECTION 4: FINDINGS
  21. Trade deficit w/ China rose from $162 billion (2004) to $256.3 billion (2007)
  22. In 1992, US threatened $3.9 billion worth of trade sanctions if China didn’t remove trade barriers, and they agreed
  23. SECTION 5: TERMS/BENEFITS
  24. (1) Raise tariffs on imported Chinese goods in quarterly 3% increments until
    1. They float their currency in comparison w/ rest of world
    2. They reform their govt. regulation over their product manufacturing (factories, etc.)
    3. They equalize treatment of foreign and domestic firms
    4. They increase protection of US intellectual property rights
  25. (2) Start to look elsewhere for imports if we can
  26. (3) Bring infractions to attention of WTO and insist that they press charges